5200 Cleveland St - Showroom FOR SALE


Merrillville, IN 46410
$1,400,000 USD
219-864-0200
5200 Cleveland St, Merrillville, IN for Sale
$1,400,000 USD
Showroom - FOR SALE
1/13
null | Request Cap Rate

5200 Cleveland St
Merrillville, IN 46410


HIGHLIGHTS

  • Fully fenced 2.15-acre site with secure outdoor space
  • Three 14-foot drive-in doors and 28-foot peak ceiling height
  • Front showroom and office area with strong street visibility
  • Newer roof and brand-new electronic signage for added appeal
  • Prime location near I-80/94, US-20, and I-65 for regional access

OVERVIEW

Positioned in the heart of Northwest Indiana, this freestanding industrial property offers a rare combination of visibility, functionality, and strategic location. The 12,400 SF building sits on a fully fenced 2.15-acre lot, providing secure outdoor storage and operational flexibility. Inside, the property features a front showroom and office area, complemented by a warehouse with three 14-foot drive-in doors and a soaring 28-foot peak ceiling height—ideal for distribution, light manufacturing, or service-based operations. Recent upgrades, including a newer roof (approximately five years old) and a brand-new electronic sign, enhance both durability and curb appeal. Located just minutes from I-80/94, US-20, and I-65, the site offers seamless connectivity to the greater Chicagoland region and major Midwest markets. With annual taxes of only $7,773 and a competitive asking price of $1,400,000, this property delivers exceptional value for businesses seeking a high-visibility location with robust infrastructure. Surrounding demographics underscore the opportunity: over 145,000 residents within five miles and average household incomes exceeding $73,000. This is an ideal acquisition for companies looking to expand or consolidate operations in a growth-oriented corridor.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial with Large Yard

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

UTILITIES

-

CLEAR CEILING HT

28 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.15

LAND SF

93,654

ZONING

Industrial

APN/PARCEL ID

45-08-32-454-002.000-001

ASK ABOUT THIS PROPERTY

Brett McDermottLatitude CommercialMore Info
219-864-0200

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Brett McDermottLatitude CommercialMore Info
219-864-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.